Wayve’s latest $1.2bn funding round includes investment from major global firms, valuing the London-based start-up at $8.6bn.
The Series D equity round was led by global financial investors, with participation from Microsoft, Nvidia and Uber, alongside investment from global automakers Mercedes-Benz, Nissan and Stellantis.
This funding will allow the start-up to roll out its end-to-end AI platform for self-driving vehicles on a global commercial scale.
Alex Kendall, co-founder and CEO of Wayve, said: “This investment accelerates our path to widespread commercial deployment and positions us to build the autonomy layer that will power any vehicle everywhere.”
The start-up, which has previously received funding from big-name investors including a $1.05bn funding round in 2024, was founded in 2017 with the aim of reimagining mobility through embodied intelligence.
This embodied AI system, called AV2.0, allows vehicles to learn while driving, grasping its surroundings, anticipating what will...